Stegra Boden steel plant

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H2 Green Steel Boden steel plant is a direct reduced iron-electric arc furnace (DRI-EAF) steel plant under construction in Boden, Norrbotten, Sweden.

Location

The map below shows the approximate location of the plant in Boden, Norrbotten, Sweden:

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  • Location: Boden Industrial Park, Boden, Norrbotten, Sweden
  • Coordinates (WGS 84): 65.805389, 21.759140 (approximate)

Background

As of January 2024, H2 Green Steel had secured around €6.5 billion in total financing, including €3.5 billion in senior debt and up to €600 million in junior debt, alongside close to €300 million in equity. This funding, supported by a diverse consortium of lenders and investors, represents a major step forward in advancing sustainable steel production practices.[1][2]

The European Commission approved a €265 million direct grant for H2 Green Steel as a Swedish measure funded through the Recovery and Resilience Facility. [3]

Low-emissions/green steelmaking

This steel plant is associated with a green steel project tracked in the Green Steel Tracker. Details about the project are included below.

Table 1: Green Steel Project Details

All references for the above data are available in the Green Steel Tracker.
Project 1
Company H2 Green Steel
Company has climate goals? Not applicable for emerging
Location Boden, Sweden
Project name H2 Green Steel (H2GS) Boden
Project website Site
Project scale Full scale
Project status Construction
Year to be online 2025
Technology to be used H-DRI
Technology details Green electricity electrolysis + EAF
Iron production capacity (million tonnes per year) Not stated
Steel production capacity (million tonnes per year) 5
CO2 capture (million tonnes CO2 per year) Not applicable
Hydrogen generation capacity(MW) 700
Investment size 7082.5
Partners IMAS Foundation, Vargas, Scania, InnoEnergy, Altor, Bilstein Group, SMS Group, Exor, Kingspan, FAM, Mercedez-Benz, Marcegaglia
Date of announcement 2021-02-28

Plant Details

Table 2: General Plant Details

Phase Plant status Construction date Start date Workforce size Power source Iron ore source
Main plant Construction[4][5][6] 2022-07[4] 2025[7] 1500[4] 800 MW Electrolysis plant onsite, powered by carbon free electricity from Fortum[4][8][9] Rio Tinto’s Iron Ore Company of Canada (IOC) operations[10]
Expansion Announced[11] [4] 2030[11][12] 500[4] 800 MW Electrolysis plant onsite, powered by carbon free electricity from Fortum[4][8][9]

Table 3: Ownership and Parent Company Information

Phase Owner Owner company PermID Owner company GEM ID
Main plant H2 Green Steel AB[4] 5081499322 E100000131094

Table 4: Process and Products

Phase Steel product category Steel products Steel sector end users Main production equipment Detailed production equipment
Main plant crude, finished rolled[13] DRI, HBI, hot rolled coil[13] automotive; building and infrastructure[14][15] DRI, EAF[4] 1 EAF (Paul Wurth/SMS), Midrex DRI plant[16][17]
Expansion crude, finished rolled[13] DRI, HBI, hot rolled coil[13] automotive; building and infrastructure[14][15] DRI, EAF[4] EAF (# unknown); DRI plant[4]

Table 5: Crude Steel Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Phase Capacity operating status* Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
Main plant construction 2500 TTPA[11][11] 2500 TTPA[11][11]
Expansion announced 2500 TTPA[11] 2500 TTPA[11]

Table 6: Crude Iron Production Capacities (thousand tonnes per annum)

*Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Phase Capacity operating status* Sponge iron/DRI capacity Nominal iron capacity (total)
Main plant construction 2100 TTPA[16][18] 2100 TTPA[16][18]
Expansion announced 2100 TTPA[16][18] 2100 TTPA[16][18]

Articles and Resources

Additional data

To access additional data, including an interactive map of steel power plants, a downloadable dataset, and summary data, please visit the Global Steel Plant Tracker on the Global Energy Monitor website.

References

  1. "H2 Green Steel Reaches New Funding Milestone". Association for Iron and Steel Technology. 1/22/2024. {{cite web}}: Check date values in: |date= (help)CS1 maint: url-status (link)
  2. "H2 Green Steel raises more than €4 billion in debt financing". H2 Green Steel. 2024-01-22. Retrieved 2024-02-09.
  3. "Press corner". European Commission - European Commission. Retrieved 2024-07-10.
  4. 4.00 4.01 4.02 4.03 4.04 4.05 4.06 4.07 4.08 4.09 4.10 https://web.archive.org/web/20230110143012/https://www.h2greensteel.com/questions-and-answers-about-our-establishment-in-boden. Archived from the original on 10 January 2023. {{cite web}}: Missing or empty |title= (help)
  5. https://web.archive.org/web/20220826193640/https://hydrogen-central.com/h2-green-steel-breaks-ground-boden-industrial-park-hydrogen-production-facility/. Archived from the original on 26 August 2022. {{cite web}}: Missing or empty |title= (help)
  6. https://web.archive.org/web/20230331095117/https://www.youtube.com/watch?v=T4su_1Vo8no. Archived from the original on 31 March 2023. {{cite web}}: Missing or empty |title= (help)
  7. (PDF) https://www.oecd.org/industry/ind/latest-developments-in-steelmaking-capacity-2022.pdf. {{cite web}}: Missing or empty |title= (help)
  8. 8.0 8.1 https://www.midrex.com/tech-article/h2-green-steel-story-the-quest-for-earths-sustainable-future/#:~:text=The%20DRI%20plant%20will%20havemillion%20tonnes%20of%20green%20steel. {{cite web}}: Missing or empty |title= (help)
  9. 9.0 9.1 https://www.steelorbis.com/steel-news/latest-news/fortum-to-supply-carbon-free-electricity-to-h2-green-steel-in-sweden-1285273.htm. {{cite web}}: Missing or empty |title= (help)
  10. https://www.seaisi.org/details/23325?type=news-rooms. {{cite web}}: Missing or empty |title= (help)
  11. 11.0 11.1 11.2 11.3 11.4 11.5 11.6 11.7 https://web.archive.org/web/20221122221847/https://www.sms-group.com/en-us/plants/projects/h2-green-steel. Archived from the original on 22 November 2022. {{cite web}}: Missing or empty |title= (help)
  12. https://web.archive.org/web/20221220143042/https://www.h2greensteel.com/articles/on-course-for-large-scale-production-from-2025. Archived from the original on 20 December 2022. {{cite web}}: Missing or empty |title= (help)
  13. 13.0 13.1 13.2 13.3 https://web.archive.org/web/20230124060539/http://www.h2greensteel.com/articles/green-steel-production. Archived from the original on 24 January 2023. {{cite web}}: Missing or empty |title= (help)
  14. 14.0 14.1 https://web.archive.org/web/20240119062340/https://www.aist.org/news/steel-news/2023/july/3-7-july/h2-green-steel-secures-eur1-5-billion-supply-agree. Archived from the original on 19 January 2024. {{cite web}}: Missing or empty |title= (help)
  15. 15.0 15.1 https://web.archive.org/web/20230601061805/https://globalenergyinfrastructure.com/news/2023/04-april/spm-and-h2-green-steel-sign-5-year-supply-agreement-for-green-steel/. Archived from the original on 01 June 2023. {{cite web}}: Check date values in: |archive-date= (help); Missing or empty |title= (help)
  16. 16.0 16.1 16.2 16.3 16.4 https://web.archive.org/web/20221011095225/https://www.h2greensteel.com/latestnews/h2-green-steel-partners-with-midrex-for-technology-and-kobe-steel-for-equity-investment. Archived from the original on 11 October 2022. {{cite web}}: Missing or empty |title= (help)
  17. https://www.sms-group.com/en-us/plants/reference-detail/direct-reduction-and-melt-shop-h2-green-steel-sweden-new634954d239a3f956359103. {{cite web}}: Missing or empty |title= (help)
  18. 18.0 18.1 18.2 18.3 (PDF) https://www.midrex.com/wp-content/uploads/Midrex-Plants-Sheet2022.pdf. {{cite web}}: Missing or empty |title= (help)

Resources